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Robert Irving Burns

68 Great Portland Street, London

£3,850,000

Details

  • Ref: 380749
  • Type: Office
  • Availability: Available

Description

Prominent Corner Building FOR SALE

The subject property comprises a prominent corner building arranged over ground, lower ground and four upper floors. The ground floor benefits from a prominent dual window frontage, whilst the upper floors benefit from excellent levels of natural light throughout, with attractive views over Great Portland Street and the surrounding Fitzrovia streetscape. The building is serviced by a passenger lift providing access to
all floors.

Location
Great Portland Street is one of Fitzrovia's principal thoroughfares, connecting Regent's Park with Oxford Street and forming a key commercial spine within the West End.

The area offers an established mix of office, retail, leisure and residential occupiers, supported by excellent transport links and a highly accessible Central
London location.

Fitzrovia is renowned for its character, combining elegant period architecture with a vibrant business community and an excellent selection of cafés, restaurants and lifestyle amenities. The property is also within easy reach of Marylebone, Soho, Mayfair and Bloomsbury, placing it at the heart of one of London's most desirable mixed use districts.

Available Area

Name/FloorSq FtSq MPriceAvailability
g Acibadem1,257116.78On ApplicationAvailable
1st Bard Group Limited58354.16On ApplicationAvailable
2nd Welcome to Bright Leaf Ltd59555.28On ApplicationAvailable
3rd Oculus Limited59455.18On ApplicationAvailable
4th Apex Urban Developments53149.33On ApplicationAvailable
Total3,560330.73  

Features

  • Corner building with frontages onto Great Portland Street and Little Titchfield Street
  • Positioned in the heart of Fitzrovia
  • Arranged over Lower Ground, Ground and four upper floors
  • Let to five tenants producing a current income of £192,620 pa
  • The blended passing rent (£54.10psf) is considered reversionary when compared to prime Fitzrovia rents
  • Opportunity to enhance the rental income through refurbishment and asset management
  • 3,560 sqft | 330.8 sqm NIA
  • Offers are invited at a guide price of £3,850,000 (Three Million Eight Hundred and Fifty Thousand Pounds) for the benefit of the Virtual Freehold interest (896 years unexpired)

Materials

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